Bosch increases layoffs at Ford, Volkswagen and Audi to 25,000

Bosch ends the automotive industry in Germany with more than 5,000 layoffs. Restructuring added to those carried out at the plants Volkswagen, Audi and Ford on the Old Continent, resulting in job losses in this sector reaching 25,000. A reduction in employment, which is associated with a drop in sales due to slowing demand and increased competition in the market due to the arrival of Chinese brands in Europe.

Specifically, a multinational engineering and technology company based in Stuttgart, Germany, announced an adjustment plan that includes layoffs 5500 workers in the group’s mobility division, given the fall in orders due to reduced vehicle production in the Old Continent due to lower registrations.

Bosch expects that by the end of 2027 the majority of all planned positions will be eliminated, some 3500 workers

Half of them are in Germany, in the autonomous driving software divisions. In addition, the group’s direct business will also be hit hard nationally in Germany. At the German factory in Schwäbisch Gmünd 1300 jobs in the period from 2027 to 2032, which corresponds to the creation of every third job in enterprises.

Layoffs at Bosch

In addition, Bosch also announced the layoff of 750 employees at the Hildesheim plant, where components for electric vehicles are produced, due to the consequences caused by doubts about the transition from internal combustion engine cars to electric vehicles and the collapse of registration of this type of technology for electric vehicles. for the purpose of acquiring incentives for administrations. A restructuring that will begin at the end of 2026 with the elimination of 600 jobs.

There are more of them 7000 workers is participating in the company’s adjustment plan, although Bosch management has agreed with employee representatives to eliminate layoffs for operational reasons for affected employees until 2029.

Volkswagen, Audi, Ford…

Bosch isn’t the only company in the industry to restructure its workforce this year. Other major car companies have also done the same, e.g. Volkswagen, Audi, Ford and Nissanto which other companies may be added in the coming months in order to reduce costs due to falling sales.

He Volkswagen Group will become the manufacturer that will carry out the biggest restructuring of its operations in Europe, closing three plants in Germany, which could leave around 15,000 employees without jobs. The measure by which the German car maker seeks to save 4 billion euros to cope with falling sales and falling revenues.

Within the group, Audi has already announced the start of negotiations to cut almost 5,000 jobs at its plants in Germany, which will not affect production but will affect research and development, where more than 2,000 jobs could disappear.

For my part, Nissan plans to give up 9000 workers to improve the company’s financial position with a plan that involves reducing fixed costs by 300,000 million yen (1,810 million euros) and variable costs by another 100,000 million yen (603 million euros). The Japanese company did not specify whether the layoffs would affect the European market and, in particular, Nissan’s factories in Spain, with a plant in Avila and another in Los Corrales de Buelna, Cantabria.

For my part, Ford It is preparing a plan to adjust its operations in Europe, which includes laying off 4,000 workers over the next three years, most of them in Germany and the UK, which will not affect the Valencian Almussafes plant, which is undergoing its own restructuring and transition period. I plan until 2027.